GM Advisory Group LLC Raises Holdings in iShares Morningstar Growth ETF $ILCG

GM Advisory Group LLC boosted its stake in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 16.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 286,081 shares of the company’s stock after acquiring an additional 39,556 shares during the quarter. iShares Morningstar Growth ETF accounts for 1.3% of GM Advisory Group LLC’s holdings, making the stock its 19th largest position. GM Advisory Group LLC’s holdings in iShares Morningstar Growth ETF were worth $29,838,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of ILCG. FAS Wealth Partners Inc. boosted its position in iShares Morningstar Growth ETF by 2.3% in the 2nd quarter. FAS Wealth Partners Inc. now owns 598,563 shares of the company’s stock worth $58,001,000 after purchasing an additional 13,236 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of iShares Morningstar Growth ETF by 8.7% in the 3rd quarter. Bank of America Corp DE now owns 514,197 shares of the company’s stock valued at $53,631,000 after purchasing an additional 41,280 shares during the period. B&D White Capital Company LLC lifted its stake in shares of iShares Morningstar Growth ETF by 39.4% in the 3rd quarter. B&D White Capital Company LLC now owns 485,997 shares of the company’s stock valued at $50,689,000 after purchasing an additional 137,302 shares during the period. AdvisorShares Investments LLC purchased a new stake in iShares Morningstar Growth ETF during the third quarter worth $41,913,000. Finally, JPMorgan Chase & Co. grew its position in iShares Morningstar Growth ETF by 22.5% during the third quarter. JPMorgan Chase & Co. now owns 376,531 shares of the company’s stock valued at $39,272,000 after buying an additional 69,279 shares during the period.

iShares Morningstar Growth ETF Stock Performance

ILCG opened at $99.68 on Wednesday. iShares Morningstar Growth ETF has a fifty-two week low of $69.47 and a fifty-two week high of $109.22. The company has a fifty day moving average of $102.57 and a two-hundred day moving average of $103.48. The stock has a market capitalization of $2.82 billion, a price-to-earnings ratio of 38.10 and a beta of 1.16.

iShares Morningstar Growth ETF Profile

The iShares Morningstar Growth ETF (ILCG) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of growth stocks, selected from the top 90% of the US market-cap spectrum. ILCG was launched on Jun 28, 2004 and is managed by BlackRock.